Product Definitions Guide

Product Descriptions by Segment and Application Power Systems Research tracks some 250 products in 13 major industrial segments. This Guide defines each product that PSR lists in its proprietary databases. Segment: Agriculture Application: 2-Wheel Tractors 2-Wheel Tractors Application: Ag Tractors 2-Wheel Drive Tractors 4WD Articulated Ag Tractors MFWD Tractors (Mechanical Front Wheel Drive) Tracked Ag

DATAPOINT: 2021 Outboard Motors

Today Joe Delmont presents the 2021 forecast for global Outboard motor production in North Ameria, Japan, Brazil, China and Thailand. This forecast has been developed by Carol Turner, senior analyst of global operations, at Power Systems Research. Carol provides annual production forecasts for important equipment applications.

Transcript

Welcome to the PSR PowerTALK podcast produced by Power Systems Research.

00:06

From Power Systems Research I’m Joe Delmont, editor of PSR PowerTALK.

Today we’ll discuss a data point covering 2021 global production of outboard motors. We’ll be looking at motors production in Brazil, China, Japan, Thailand and the United States.

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VW To Build $3 Billion EV Plant in East China

Jack Hao
Jack Hao

VW China has increased its share in the electric vehicle joint venture JAC Volkswagen to 75% and obtained joint venture management rights. At the same time, it has obtained a 26% stake in the EV battery maker Gotion High-Tech to support the future electrification of the group. The total investment of the above two projects is estimated to be about €2 billion.

The plant, which has an estimated investment of US$3.06 billion (20 billion yuan) from both Volkswagen and JAC Motors, will be finished by the end of 2022, and its first vehicle will roll off the assembly line in 2023.

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Cummins To Invest $1 Billion in US Hydrogen Fuel Network

Cummins has announced that in addition to the recent investments it has made in its Fridley, Minn., plant, it will also invest more than $1 billion across its US engine manufacturing network in an effort to support the transition into hydrogen fuel.

The investments are being made in Indiana, North Carolina and New York. The $1 billion is intended to provide an upgrade of facilities supporting the first “fuel-agnostic” engine platforms in the industry. The fuel-agnostic concept refers specifically engines that can use different types of fuel, especially a variety of low-carbon and zero-carbon fuels.

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Cummins Accelera Delivers Hydrogen Fuel Cell Truck

CHINA REPORT
Jack Hao
Jack Hao

Accelera and Shaanxi Auto’s Dechuang Future have jointly developed a 31-ton Hydrogen fuel battery residue vehicle. Sixty Cummins Accelera Hydrogen fuel cell driven muck trucks were delivered and put into operation in Shanghai.

It is reported that this vehicle is matched with Cummins 125kW Hydrogen fuel battery engine system and 127kWh Lithium iron phosphate power battery, and uses the 410kW drive motor and AMT automatic transmission with ultra-low system energy consumption independently developed by Dechuang in the future to form a “new energy power chain,” so that the vehicle’s power performance indicators such as maximum speed, hill starting ability, climbing ability, loading capacity, etc. are higher than the industry average.

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Cummins Jumps On New Energy Storage Iron Salt Formula

Cummins $24 million stake in the startup VoltStorage gives them a foot in the door with new iron redox flow technology. There is nothing wrong with lithium-ion energy storage but global demand for energy storage has nowhere to go but up, and so are lithium prices. While lithium is relatively abundant in the ground, but current supply is falling behind demand. At the same time, lithium extraction is messy and has significant environmental impact, causing local opposition to new mines and other facilities which could stall development. Aside from accessing a recyclable supply chain that can avoid conflict issues, flow battery fans note a long list of advantages over lithium-ion technology including lower cost, longer duration, and ease of scalability

Source: CleanTechnica Read The Article

PSR Analysis: Cummins has been making investments into EVs (such as the purchase of Brammo in 2017 and Meritor in 2022) for some time and this low cost, long duration, grid scale energy storage battery is part of their plan. This diversifies their portfolio of alternative power systems and helps them in the gid scale storage market. One of the major advantages for flow batteries is that they aren’t lithium-based and are therefore not subject to the same massive and sustained price increases that lithium material is seeing. PSR

Guy Youngs is Forecast & Adoption Lead Analyst at Power Systems Research

MG Motors Plans To Make India An Export Hub

Aditya Kondejkar

MG Motor India is considering the possibility of exporting shipments from India to markets such as South Africa and the UK along with tapping other right-hand-drive markets across the globe. Despite the current semiconductor shortage, MG motors plans to prepare for a long-term vision of increasing its exports from India. The start  of the company’s South Africa operations has been delayed due to Covid-19.

MG motors has started exporting their vehicles to Nepal, and the company is preparing for the long term to make India an export hub for the neighboring markets. The carmaker has already dispatched its first batch of Hector SUVs to Nepal and plans to add Astor and ZS EV to the lineup in the Himalayan country next year.

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Kia Motors Targets Growth in Rural Markets

Aditya Kondejkar

Kia Motors is expanding its network and targets to reach 300 touchpoints by the end of the year. Further, the company will now focus on expansion in tier-IV and upcountry markets, which will further penetrate the Indian market.

The company is identifying the nerves of Indian customers. It has rightly understood that one of the critical factors in purchasing a car is consumers’ proximity to the brand. Hence, even before the first product (Seltos) launch in the market, it had a wide-spread network in 160 cities with 265 touchpoints.

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Tata Motors: Electrification Is an Irreversible Trend

Tata Motors recently unveiled the electric avatar of its most popular small commercial vehicle Ace. The company said it has booked orders for 39,000 units from top e-commerce players. India’s largest commercial vehicle manufacturer plans to transform commercial vehicles to achieve a net-zero target by 2070 for the country.  PSR

Aditya Kondejkar is Research Analyst – South Asia Operations, for Power Systems Research